[dirtboy]

It is very interesting that financial markets rebounded on bailouts of financial institutions where the underlying fundamentals that caused the problems in the first place were not adequately addressed, but how quickly the EU bailout has unravelled in the same circumstances - the EU bailout does not address the larger structural problems of sovereign debt adequately (although Spain and Ireland have taken their own actions to try and address these imbalances).

I think the world is finally starting to sober up to the huge systemic risks inherent in sovereign debt - except for British and American liberals, who think pouring gasoline on a wildfire is the best way to put it out.

[SeekAndFind]

It is very interesting that financial markets rebounded on bailouts of financial institutions where the underlying fundamentals that caused the problems in the first place were not adequately addressed

There is a huge difference between the daily movements of the financial markets and UNDERLYING FUNDAMENTALS. Ultimately ( not too long from now really), the later always and inevitably overwhelms the former.

If one is a gambler and a trader, I'd say now is a great time to trade the volatility. But if you're an investor, this is really a worrying development.

[Blue Collar Christian]

[...British and American liberals, who think pouring gasoline on a wildfire is the best way to put it out.]

They KNOW pouring gasoline on a wildfire is the best way to keep big govt in business.